The Dextoken protocol uses speculative AMM to ensure the liquidity of the token pool and benefit DEXG (Dextoken Governance) token holders by rewarding them a portion of the transaction fee.
The speculative AMM is a universal price model that can evaluate the price of tokens based on volatility (proposed by the Flowchain foundation). The Dextoken protocol uses speculative AMM to ensure the liquidity of the token pool and benefit DEXG token holders by rewarding them a portion of the transaction fee. The purpose of the Dextoken protocol is to allow the blockchain network to calculate the theoretical token price.
DEXG SMART CONTRACT
Token name Dextoken Governance
Token Symbol DEXG
Theoretical max supply 200,000 - the theoretical maximum supply will never happed
Current circulating supply 30,500 - updated 2020.10.01
Initial price 0.5 USDT - the initial liquidity price at Uniswap
Token Contract 0xb81d70802a816b5dacba06d708b5acf19dcd436d
Security auditing The audit report by Pessimistic showed no vulnerabilities in the DEXG smart contract.
No ICO. No presale DEXG didn't have ICO or presale. Everyone will obtain DEXG tokens in the market price.
TOKEN DISTRIBUTION
DEXG provides 20,000 DEXG for initial liquidity offering to the community via Uniswap, and 2,000 - 140,000 tokens will be distributed by Staking Rewards.
The maximum supply of 200,000 DEXG is a theoretical value, and the real maximum supply will not reach the theoretical supply hard-cap of 200,000 DEXG.
LUNA STAKING ROUND
The LUNA round will distribute 5,250 DEXG as staking rewards.
This second staking round adopts a liquidity locked, staking model utilising our DEXG/USDC shared Balancer Pool.
STAKING ROUNDS
The staking reward distribution will span over eight rounds.
# Name Schedule Locked Period (Days)
Round 1 IGNITION September 2020 7
Round 2 LUNA October 2020 7
Round 3 CALYPSO November 2020 7
Round 4 PANDORA November 2020 7
Round 5 PROMETHEUS December 2020 7
Round 6 HYPERION December 2020 7
Round 7 DIONE January 2021 7
Round 8 TITAN January 2021 7